He extended a measure that allows the FCIs specialized in SMEs to invest up to 40% in instruments such as deferred companies of companies, which do not have MSME certificate.
The National Securities Commission (CNV) extended until the end of the year a measure that favors Small and medium -sized companies without SME certificatewhich allows them to access financing through the capital market.
This is the Resolution 1070 that enables specialized trusts In SMEs a invest up to 40% of the fund in instruments such as Deferred payment checks and promissory notes. The deadline expires next June 30.
If that measure has not taken, the proportion should have fallen to 20% for companies that without being large, do not have the certificate issued by the Ministry of Industry, but are not recognized as large companies by the Customs Collection and Control Agency (ARCA).
“The measure was issued purposes of improving access to the capital market For the companies mentioned through common investment funds and financial trusts, ”says the CNV statement.
The agency indicated that “this regulation has as an antecedent General Resolution 997, whereby the special regime for the constitution of common Pyme open investment funds ”was modified
Also mentions RG 1019 “in which He joined in relation to financial trusts, a new actor That, without having ‘MSME Certificate’ it does not turn out as a large company according to the respective list of the Customs Collection and Control Agency (ARCA) ”.
The CNV indicated that on that occasion “The criterion for both instruments was unified, admitting rights or credits from operations held with the companies that meet the parameters mentioned within the percentage of up to twenty percent (20%) of the amount of the trusted asset, considering its nominal value and RG 1039, which extended the term of the terms until June 2025 ”.
“In line with this on this occasion – as a transitory provision and for a certain period – the possibility of detailed percentage, 40% until December 31, 2025,” says the standard. “
Source: Ambito
